The present article studies peculiarities of legal regulation of Internet relations in regard with other social norms, which include the following: first of all, it is a new scope of law; secondly, it requires a co-regulation mechanism; thirdly, it “expands” the objective right beyond into the scope of social relations in the virtual space; fourthly, there are requirements (precepts) of international law; fifthly, it depends on the technical norms and standards of the web; sixthly, the parties it includes are specific; seventhly, the relations between users are mediated. The mentioned peculiarities require the review of the currently established legal opinions, theoretical and legal values including the mechanism of legal regulation of Internet relations.